Question 1 Explain the risks, controls and control classification for the following cases: a) An inadvertent data entry error caused an employee's wage rate to be overstated in the payroll master file. b) A fictitious employee payroll record was added to the payroll master file. c) A computer operator used an online terminal to increase her own salary. d) A factory employee punched a friend's time card in at 1:00 P.M. and out at 5:00 P.M. while the friend played golf that afternoon. e) Some time cards were lost during payroll preparation; consequently, when paychecks were distributed, several employees complained about not being paid. Risks Controls Control Classification